EBITDA

Dear Eric
What is EBITDA?
Thank you, Not an Accountant

Dear Not
Excerpt from my book 'Moving Forward'.

Commonly abbreviated as EBITDA, it is an accounting measure to calculate a company's net Earnings, Before Interest expenses, Taxes, Depreciation and Amortization are subtracted. Used as a proxy for a company's current operating profitability.  Hope this helps.

Cheers, Eric